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1889 Cincinnati Indianapolis St Louis & Chicago Railroad gold bond certificate

1889 Cincinnati Indianapolis St Louis & Chicago Railroad gold bond certificate

$ 7.39

Availability: 100 in stock
  • Return shipping will be paid by: Buyer
  • All returns accepted: Returns Accepted
  • Item must be returned within: 14 Days
  • Condition: It is in very good condition, even though it is now approaching 130 years old. There are no rips or tears, and all writing/markings are from its issuance and processing. The bond has the customary cancellation punch holes.
  • Restocking Fee: No
  • Refund will be given as: Money Back

    Description

    The Cincinnati, Indianapolis, St. Louis and Chicago Railway (CISL&C) served the states of Ohio, Indiana and Illinois. Formed from a 1880 restructuring of the bankrupt Indianapolis, Cincinnati and Lafayette Railroad (IC&L), it operated from Cincinnati via Indianapolis to Lafayette. In 1889, the CISL&C merged with two other lines to form the Cleveland, Cincinnati, Chicago and St. Louis Railway, known as the Big Four (CCC&StL). The New York Central Railroad (NYC) leased the Big Four in 1930 and operated it as a part of the NYC. Surviving trackage is now primarily owned by CSX Transportation and Norfolk Southern. For auction is "50-Year General 1st Mortgage Gold Bond" from the CISL&C dated March 8, 1889. It is for ,000 and paid 4% interest. The bond principal was due August 1, 1936.
    1889 Cincinnati Indianapolis St Louis & Chicago Railroad gold bond certificate
    1889 Cincinnati Indianapolis St Louis & Chicago Railroad gold bond certificate
    Click images to enlarge
    Description
    The
    Cincinnati, Indianapolis, St. Louis and Chicago Railway
    (CISL&C) served the states of Ohio, Indiana and Illinois.
    Formed from a 1880 restructuring
    of the bankrupt
    Indianapolis, Cincinnati and Lafayette Railroad
    (IC&L), it operated from Cincinnati via Indianapolis to Lafayette. In 1889, the CISL&C merged with the
    Cleveland, Columbus, Cincinnati and Indianapolis Railway
    and the
    Indianapolis and St Louis Railway
    to form the
    Cleveland, Cincinnati, Chicago and St. Louis Railway
    , also known collectively as the
    Big Four
    (CCC&StL). The
    New York Central Railroad
    (NYC) leased the Big Four in 1930 and operated it as a part of the NYC system. Surviving trackage is now primarily owned by
    CSX Transportation
    and
    Norfolk Southern
    .
    For auction is "50-Year General 1st Mortgage Gold Bond" from the CISL&C dated March 8, 1889
    . It is
    for ,000
    and
    paid 4% interest
    .  The bond principal was
    due August 1, 1936.
    The
    vignette features trains at a station
    . The bond measures appx 15 1/2 x 10 inches and is printed on typical stock/bond security paper. It is in
    very good condition
    , even though it is now
    approaching 130 years old
    . There are no rips or tears, and all writing/markings are from its issuance and processing. The bond has the customary cancellation punch holes.
    A great item for the collection of the NYC railfan.
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